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A Study on the Significance of Small and Medium Enterprises Development for China to Over-Leap the Middle Income Trap

  • Jiang Pan
  • Zhao Tie
Chapter

Abstract

In today’s increasingly complicated international and political environment, China is faced with many opportunities and challenges as the largest developing country in the world. Following 30 years of continuous and rapid growth, China’s per capita GDP reached $4,393 in 2010 with its economic aggregate soaring to the second place in the world and China has entered the ranks of upper-middle-income countries.

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Copyright information

© The Commercial Press, Ltd. and Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Jiang Pan
    • 1
  • Zhao Tie
    • 2
  1. 1.Guanghua School of ManagementPeking UniversityBeijingChina
  2. 2.China Association of Small and Medium EnterprisesBeijingChina

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